The Hindu Business Line : Friday, March 07, 2008

EMPLOYMENT
IIM-A: 35% rise in average salary offers for agri-biz students
The average salary offered by companies to the students of two-year post-graduate programme on agri-business management (PGP-ABM) at the Indian Institute of Management-Ahmedabad (IIMA) has gone up this year by 35 per cent and a student has ... More

XLRI graduate gets Rs 28-lakh offer
New Delhi, March 6 Students from Jamshedpur-based XLRI School of Business and Human Resource have notched up various corporate responsibilities in the just-concluded final placements. As many as 298 offers were made for a batch of 180 ... More

NON-CONVENTIONAL ENERGY
Goldstone Infra into realty
Hyderabad, March 6 The board of directors of Goldstone Infratech Ltd, has approved a proposal to set up a 5-MW and a 40-MW plant to manufacture solar photo voltaic module unit. A meeting held here also approved of its foray into real ... More

BUDGET
The slow road to progress
Chennai, March 6 In his Budget speech in February 2006, the Finance Minister, Mr P. Chidambaram, gave a heartening piece of statistics. Noting that “work is on at full steam on the Golden Quadrilateral and the ... More

‘Pat’ come talking points
Guess what sort of ‘talking points’ chamber heads received for their post-Budget interaction with the Finance Minister. One of the leading chambers has thoughtfully forwarded to scribes the agenda points it had prepared for its ... More

Budget’ flavour to dinner
If the chambers have their day, scribes are not far behind. Successive Finance Ministers over the years have upheld the custom of a post-Budget dinner for journalists where a large number of Ministry officials are present. Scribes use this ... More

Stable farm prices, healthier PSUs milestone targets of Kerala Budget
Budget Highlights•Aviation Turbine Fuel tax reduced to 4 pc•10 pc surcharge on big retail outlets•Compounding tax for gold jewellers simplified•Additional resource mobilisations at Rs 188 crore•Tax concessions at Rs 25 crore•Cumulative deficit at Rs 627.40 crore•Pension for one million workers raised to Rs 200 per month More

Trade and industry bodies welcome Kerala Budget
Kochi, March 6 The trade and industry here have welcomed the State Budget, saying that it is in the right direction by providing several welfare schemes for various sections of the society. Mr Umang Patodia, Chairman, CII, ... More

10% surcharge on big retail chains in Kerala; tax on ATF cut
Budget proposes Rs 188-cr additional revenue mop-up More

ECONOMY
4 Indians in Forbes’ top 10 billionaires list; Buffett is No 1
Anil Ambani ‘biggest gainer’ with $23.8 b increase More

M&As: A year of adventure for India Inc abroad
A growing economy, robust financial performance and an exceptionally buoyant stock market have all supported a remarkable expansion of M&A activity, and there seems little to upset this trend in the immediate future. Overseas M&As by Indian c ompanies have exceeded the investment by foreign companies into India. More

FOREIGN TRADE
In the dark
It is now an open secret that there is no love lost between the Commerce Minister, Kamal Nath, and his Minister of State, Jairam Ramesh. This time the ‘battle’ went up another notch when the Minister held a meeting on SAARC in the ... More

INFRASTRUCTURE
Restrict Mangalore SEZ to Phase-I: Panel
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PETROCHEMICALS
Petrochem sector may face slowdown in investment
Capital costs rise; global shortage of project equipment, manpower More

PETROLEUM
RIL concerned about Oil Ministry’s draft guidelines
Will slow down decision-making, reduce flexibility More

7-year tax holiday removal may hurt refining projects
More

Deora’s Venezuela visit postponed
The Petroleum Minister, Mr Murli Deora’s visit to Venezuela, scheduled for March 7, has been postponed to first week of April. According to Petroleum Ministry officials, Mr Deora’s visit was rescheduled due to engagements in ... More

PHARMACEUTICALS
Pharmexcil ED
Hyderabad: Dr P.V. Appaji, Director, National Pharmaceutical Pricing Authority (NPPA), has assumed charge as Executive Director (ED) of Pharmaceutical Export Promotion Council (Pharmexcil) on deputation with effect from March ... More

POWER
States warming up to power franchisee model
Setting right the distribution sector More

TAXATION
Peeling the layers of DDT relief
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SBI, ICICI Bank, HDFC to gain from DDT change
Set-off of tax paid by arm on dividend to parents More

CARS
Maruti ramps up capacity at Manesar
Pune, March 6 Maruti Suzuki India Ltd has just completed a programme to ramp up capacity at its fourth and newest plant at Manesar. By the end of March, the company will be able to roll out 1.7 lakh units per annum from this facility, up 70 ... More

MEDICAL INSTITUTIONS & HOSPITALS
BAI, Apollo in parleys for hospitals chain
Hyderabad, March 6 British American Investment Company, the Mauritius-based company with diversified interests, is in talks with the Indian healthcare giant Apollo Group of Hospitals for setting up 40 hospitals across the ... More

‘Set up fund for healthcare upgradation’
Hyderabad, March 6 India will need to invest up to Rs 2 lakh crore every year for the next 20 years to reach at least half way the current figures for China and Brazil in terms of number of beds for healthcare services.A CII roundtable ... More

INDUSTRY ASSOCIATIONS
Assocham meeting
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Lafarge CEO is IFCCI president
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DYES & PIGMENTS
Colorant industry to hold meet on March 10, 11
Mumbai, March 6 The Dyestuff Manufacturers Association of India (DMAI), the Federation of Indian Chambers of Commerce and Industry, along with the Department of Chemicals and Petrochemicals and the Union Ministry of Chemicals and Fertilisers ... More

IPR
Govt to digitise patents; online public access by Jan 2009
The Department of Industrial Policy and Promotion (DIPP) has decided to digitise all the patents granted till date and open it for online public access. DIPP has assured that the task of digitising the patent database would be put on ... More

HUMAN RESOURCES
Faculty crunch threatens Brand IIT
‘New technology institutes should not be called IIT’ More

ENTREPRENEURSHIP
Opportunity to serve
Chennai’s booming service enterprises More

EXPORTS & IMPORTS
Export orders turn guar counter bullish
Demand for other by-products also driving prices More

TOURISM
Five-year tax holiday to boost hospitality, tourism sectors
More